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EXHIBIT 1 TO ORDINANCE <br /> recording number 200805140860 (the "Original PDA"). As described in more detail in the <br /> Restated PDA, the Developer has a new plan for development of the Developer Property (the <br /> "Riverfront Project"). The Riverfront Project will be developed in phases (each, a "Phase"). <br /> Drawings and renderings related to the Project as attached to this Second Amendment as follows: <br /> • First Phase: Drawings of the first phase of the Riverfront Project (the "First <br /> Phase") are attached as Exhibit 1 (the "First Phase Drawings") and approved <br /> renderings of the First Phase have been incorporated into the Mixed-Use Design <br /> Guidelines attached as Attachment G. The First Phase includes: (1) a minimum of <br /> two mixed use buildings, (2) a specialty grocer; (3) a cinema, (4) a public plaza in <br /> front of the cinema, (5) the "First Phase Park Project" defined below, and (6) <br /> associated parking. The approximate boundaries of the First Phase are as shown in <br /> the Landfill Site Phasing Plan, which is part of Attachment E-1, attached hereto <br /> (the "First Phase Property") <br /> • Remaining Phases: In addition, the Project includes several phases after the First <br /> Phase (the "Remaining Phases"; individually, "Second Phase" through "Sixth <br /> Phase"). The approximate boundaries and site plans of each of the Remaining <br /> Phases are also shown on Attachment E-1. <br /> Upon completion of each Phase (or building within a Phase), the City will issue to developer a <br /> Partial Certificate of Completion for that Phase or building, as set forth in the Restated PDA. <br /> F. The Planning Commission has reviewed the proposed Final Development Plan for <br /> the Developer Property as well as the modifications to the Preliminary Development Plan for the <br /> Landfill Pad and Planned Development Overlay Zone Development Standards and Design <br /> Guidelines applicable to the Developer Property, each as identified more specifically hereinafter <br /> (collectively the "Developer Property Revisions"). The City's SEPA Responsible Official has <br /> issued Addendum No. 6 to the Everett Riverfront Redevelopment Final Environmental Impact <br /> Statement (the "FEIS") that addresses the Developer Property Revisions ("Addendum"). The <br /> Planning Commission has considered the Addendum, conducted a public hearing for the purpose <br /> of receiving public comment on the Developer Property Revisions, and has made its <br /> recommendation to the City Council. The City Council has reviewed the Developer Property <br /> Revisions, has considered the Addendum and the recommendation of the Planning Commission <br /> and has determined that the Developer Property Revisions should be adopted as set forth in this <br /> Second Amendment. <br /> G. The purposes of this Second Amendment to the DA are (i) to implement the <br /> Developer Property Revisions, and (ii) make related amendments to the Development Agreement <br /> to facilitate development of the Riverfront Project. <br /> AGREEMENT <br /> NOW THEREFORE, for and in consideration of the mutual promises as stated herein and <br /> for other good and valuable consideration, the receipt and sufficiency of which are hereby <br /> acknowledged, PNW, Riverfront, and the City: <br /> 1. References to PDA. As of the Effective Date of this Second Amendment, all references to <br /> the "PDA" in the Development Agreement with respect to property defined as the Developer <br /> Property in this Second Amendment refer to the Restated PDA, not the Original PDA. <br /> 2 <br />